1
The TEL coin showcased a selloff and is replicating the downtrend on the charts.
2
Sellers look aggressive and are trying to push the coin price toward the demand zone.
The Telcoin (TEL) price witnessed distribution from the highs and eroded over 60% of gains in recent weeks. Moreover, the coin was in a correction phase and may extend the decline amidst the negative market sentiments. Furthermore, the coin persisted in facing rejection from the 20-day EMA and breached $0.0013000, which is a negative sign.
The TEL coin price has slipped below the key moving averages, revealing selling pressure for the past sessions. The mighty bears have attained momentum and continued to push from the highs. Additionally, the bears have continued adding short positions and show their legacy. The price action signifies follow-on selling momentum and is delivering a downtrend.
The cryptocurrency price was $0.001203 at press time, with an intraday gain of 1.27%, showing b
We współpracy z: https://www.thecoinrepublic.com/2024/02/07/tel-price-prediction-will-tel-retest-demand-zone-of-0-001000/
